THIS LISTED AS FAR AS IM AWARE TUES. WENT UP APR 150% ON CLOSE THIS MORNING HAS GONE UP FUTHER 26% TO 10.5P CANT FIND ANY BACKGROUND ON THE CO.
BUT IS THIS GOING GO FUTHER OR NOT?

Uranium Resources PLC
25 January 2008

Uranium Resources plc / Market: AIM / Epic: URA / Sector: Exploration

25 January 2008



Uranium Resources plc ('Uranium Resources' or 'the Company')
AGM Statement

Uranium Resources plc, the AIM listed uranium exploration and development
company, held its AGM today and all resolutions were duly passed.

At the meeting, Director Ross Warner made the following statement:

'During the year we have made considerable progress in advancing our uranium
portfolio in southern Tanzania. Our exploration and development programmes have
progressed well and results to date demonstrate that there is significant
potential for our licence areas to host an economic uranium deposit.

'Our aggressive exploration programme, which recently yielded the discovery of
two new uranium prospects within the highly prospective Ruvuma project area, is
continuing at pace. Importantly recent drill results from previously intersected
uranium mineralisation at our flagship Mtonya Project has increased the
identified subsurface uranium to a strike length of 4km. Together these results
act as further endorsement of the exciting potential of the region, and we look
forward to updating shareholders on our developments in the coming months.

'The aim for this year is to grow the Company through the advancement of our
current project portfolio and identifying further targets to expand our asset
base. We have a committed and active joint venture and development partner in
the form of Western Metals and a healthy current cash position of 1.95 million
which will more than cover Uranium Resources contribution to this year's
exploration budget, which we believe ideally places us to aggressively progress
our portfolio in 2008.'

'.....The aim for this year is to grow the Company through the advancement of our
current project portfolio and identifying further targets to expand our asset
base'.......but will the SP pick up?

Very large buy today 1m+

Going up 27% midday.

Tumbling..

But probably a good time to pick some up on the cheap if you are prepared to hold long-term.

relishing
Yesterday was even better it dipped 20% midday before ending up green.
The problem is a lot of my stocks could do with a top up at the prices they are RVD URA VML and SER.

SER probably the one most likely to rise in the short-term (imo).

relishing
Yes you may be right the rest have a lot to do this year SER are properly in front.

As an alternative energy source for the future URA looks pretty cheap. Geiger Counter has a significant shareholding and their Australian partner is sharing the exploration and development costs. One to tuck away in anticipation of a major eventually taking an interest.

halifax
It is cheap but I sold into IVE I dont think this will do much for a while I will keep my eye on it VML is even cheaper.

Driver have you read today's RNS? URA and their Australian partner have an extensive work programme for 2008/9 which could produce some interesting results and confirm Tanzania as a major source of uranium.

halifax
No I missed that cheers looks quite on the sp front I think punters have got bored with the same stuff.

Driver suggest you read the RNS then you will learn of the new developments.

halifax
I have but no one else is.

Wait and see or miss the boat!

This is a gr8t price to buy in at this is easily a triple bagger from this level.
Same about crappy spread 25%

This is a gr8t price to buy in at this is easily a triple bagger from this level.
Same about crappy spread 25%

Topped up earlier should be good newsflow over the next few months.

barclays upped stake by a mil but something else could be happening here 44% up at present.

Make that 55% up